Full price: £180,000 The full value of the property
Share value: 35% - £63,000
Estimated monthly cost*: £667
Estimated Monthly Mortgage*: £316
SO Resi Monthly Payment: £240.77 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £109.96 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 195
This modern one bedroom apartment in Stevenage is now available for sale through the Shared Ownership Scheme. The property comprises one double bedroom, open plan kitchen/living area, bathroom and hallway. Externally the property benefits from well-maintained communal gardens and secure bike storage.
- Minimum income requirement - £22,037
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
One bedroom apartment tour
Six Hills House is located off Kings Road within an area of mixed residential and commercial property on the southern edge of Stevenage. The property is within walking distance of the town centre and the main line railway station.
SO Resi Monthly Payment - £240.77
Monthly Service Charge - £109.96
Total Monthly Charge - £350.73 PLUS MORTGAGE REQUIRED FOR 35% SHARE
A one bedroom first floor apartment located in Stevenage available through the Shared Ownership Scheme. Available for £63,000 for 35% share based on the marketing figure of £180,000.
Entrance Hall, Living Room/Kitchen, Bedroom, Bathroom
Approximately 40 Sqm (gross internal)
The block is surrounded by reasonably, well maintained communal areas.
Energy Rating Band - D
Environmental Impact Band - D
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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